@dipo_adesina: Retirement income was once built on a 3-legged stool: A Pension A 401(k) or IRA Social Security The challenge most Americans now have is that, they no longer have access to a traditional pension, leaving many retirees trying to support their retirement with only two legs, which can create unnecessary financial pressure. One strategy some retirees are using is a Fixed Indexed Annuity (FIA) to help create a stream of protected lifetime income that can complement Social Security and retirement savings. Unlike a traditional pension from an employer, an FIA provides principal protection from market losses, tax-deferred growth, and the option for guaranteed lifetime income through an income rider, depending on the contract. The goal isn’t just to accumulate money, it’s to create reliable income that can last throughout retirement. #401k #retirementplanning #retirement #retirementincome
Dipo Adesina
Region: US
Thursday 02 July 2026 19:00:41 GMT
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joshuaprobst :
Pensions don’t even exist anymore.
2026-07-05 16:11:33
1515
juliansloan530 :
my father never lost $30k in one day of his pension
2026-07-05 14:11:52
728
jeffmichiganfishing :
The gov says Social Security isn't supposed to be lived off either. So, what the heck are we supposed to live off??
2026-07-05 21:31:34
203
Lisa Marie Parker :
How about we not tax the 401 k and make them worth something
2026-07-05 03:53:12
826
El Grego :
Hyperinflation will eat every pension and 401k
2026-07-05 04:06:45
334
Seabeelilly :
created 401k so companies didn't have to have pensions anymore
2026-07-06 10:40:36
131
I HATE IT HERE :
And Reagan passed a bill allowing failing companies to confiscate ur 401k to pay their debts. 🙄🙄🙄🙄
2026-07-07 04:39:40
20
user966130903196 :
🤔 maybe 401k shouldn't be taxed.
2026-07-10 12:50:04
12
Jason :
We should have never tied our retirement to the stock market
2026-07-05 19:29:07
98
union guy :
I guess I'm a bit more grateful for my union pension and annuity.
2026-07-08 01:20:43
8
Toolman Taylor :
God forbid we make enough money to support ourselves and live comfortably. With 401k, you're only allowed so much money to put in each year. unless you're older and then you get to play catch up
2026-07-09 16:35:04
8
Ron@Forester Financial Partner :
when you retire you can convert your 401k into your own personal pension plan. It will perform better thana conventional pension without the high fees.
Good job. I remember when this come out on 60 minutes.
2026-07-05 17:46:33
5
Diana Habo :
Roth 401k and s also an option. Saving and becoming debt free is an option. Investing yourself in land and property or what ever is an option. So ya many ways to help you have a comfortable retirement.
2026-07-06 03:51:01
5
The dude :
I’ve never been offered a pension in any job I’ve ever held….
2026-07-08 21:11:39
7
J Walker :
yes they do, for some politicians
2026-07-08 09:44:44
5
Deborah :
If he govt wanted it to be the third leg, why did they let companies get rid of their pensions?!?
2026-07-07 20:43:05
6
Kitty Ruhstaller :
Told you....
2026-07-08 18:49:52
7
scroggy :
yeah my grandparents got let go from their jobs in 1982 so that the company they worked at wouldn't have to pay them a pension, so at age 58 they were told to start a 401k and left with nothing. they both had jobs till 80 when health declined in 2004
2026-07-07 11:47:02
5
Catlady1851 :
401k monies should not be taxed.
2026-07-05 12:39:26
178
Juliet :
Taking away pensions was the worst idea. Taking away benefits because of lack of unions. Bring unions back to protect worker’s benefits!
2026-07-05 13:21:33
106
Hozer :
I have both, a pension and a 401k
2026-07-09 03:26:49
5
annacasper ❌️👑 :
And not everyone can afford to contribute so they are not only not saving, they don't get match from the employer. It's a huge savings for employers.
2026-07-07 01:02:25
8
boiltpeanuts :
My mom is one of the lucky old folks who got a pension and a 401k. Between her pension, rolling her 401k earnings into another investment account, and SS, she makes my annual salary in a single month… meanwhile I’ll never own a house. So that’s cool.
2026-07-06 17:03:12
5
DefiantDaughter :
I’ve got a 401k and 457b, along with a retirement fund. I’m at the point where I’m questioning if it’s all even worth it?
2026-07-08 15:57:43
6
ShaolinMilk217 :
We can't count on this country to be there for us. Contribute to your own Roth IRA in addition to a 401K.
2026-07-05 16:51:10
11
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